Riskpilot← Back to searchSign inGet full accessVESTALL AS
ASActiveOrg 968168134Strandgata 47, 8400 SortlandDistribution of electricity · NACE 3514Est. 199349 employeeswww.vestall.no
Revenue 2024
NOK 141,5M
+7% vs 2023
EBITDA margin
42.8%
-2% vs 2023
Equity ratio
29.9%
Financial strength
Net profit 2024
NOK 17,4M
-19% vs 2023
| Revenue | NOK 141,5M | +7% |
| EBITDA | NOK 60,6M | -2% |
| Net profit | NOK 17,4M | -19% |
| Total assets | NOK 617,5M | +10% |
| Equity | NOK 184,5M | +12% |
| Employees | 49 | — |
Legal name
VESTALL AS
Org number
968168134
Legal form
Aksjeselskap
NACE code
3514 · Distribution of electricity
Founded
1. desember 1993
Share capital
NOK 5 932 800
Employees
49 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Address
Strandgata 47, 8400 Sortland
Phone
+4776112501
Email
nett@vestall.no
Website
www.vestall.no
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| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 95 596 | 123 729 | 106 069 | 97 606 | 121 570 | 100 406 | 99 169 | 116 504 | 110 630 | 122 731 | 121 356 | 110 577 | 116 179 | 121 025 | 132 239 | 141 471 |
| Staff expenses | −26 620 | −21 843 | −30 676 | −32 961 | −33 289 | −25 438 | −40 039 | −35 217 | −33 830 | −32 271 | −37 631 | −31 743 | −32 103 | −33 666 | −39 079 | −41 319 |
| EBITDA | 22 193 | 43 585 | 24 939 | 18 486 | 35 054 | 23 678 | 11 802 | 35 210 | 25 411 | 36 850 | 37 220 | 27 822 | 34 083 | 46 305 | 61 564 | 60 561 |
| Depreciation & amort. | −17 386 | −16 879 | −16 099 | −14 935 | −15 615 | −16 123 | −18 627 | −18 334 | −18 064 | −20 331 | −21 262 | −20 287 | −21 711 | −18 831 | −20 483 | −22 002 |
| EBIT | 4 807 | 26 706 | 8 840 | 3 551 | 19 439 | 7 555 | −6 824 | 16 876 | 7 347 | 16 519 | 15 958 | 7 535 | 12 372 | 27 474 | 41 081 | 38 559 |
| Net financials | 5 656 | −5 529 | −4 870 | −4 389 | −4 062 | −3 818 | −3 142 | −2 667 | −2 622 | −3 387 | −4 759 | −2 593 | −4 419 | −9 482 | −13 709 | −16 217 |
| Profit before tax | 10 463 | 21 177 | 3 970 | −838 | 15 376 | 3 738 | −9 966 | 14 209 | 4 725 | 13 132 | 11 199 | 4 942 | 7 953 | 17 991 | 27 373 | 22 342 |
| Tax | 1 083 | 6 053 | 1 220 | −127 | 4 855 | 1 220 | −1 826 | 5 477 | 1 639 | 3 138 | 2 526 | 1 125 | 1 791 | 3 995 | 5 992 | 4 961 |
| Net profit | 9 380 | 15 123 | 2 750 | −711 | 10 522 | 2 517 | −8 140 | 8 732 | 3 086 | 9 994 | 8 674 | 3 817 | 6 162 | 13 996 | 21 381 | 17 382 |
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 391 727 | 257 346 | 237 180 | 252 666 | 272 661 | 281 000 | 271 045 | 273 339 | 322 728 | 382 798 | 381 662 | 399 806 | 436 314 | 487 750 | 560 344 | 617 509 |
| Equity | 222 831 | 91 845 | 91 595 | 90 884 | 99 406 | 102 000 | 93 861 | 104 596 | 105 682 | 111 176 | 119 850 | 123 667 | 129 829 | 143 369 | 164 750 | 184 488 |
| Long-term debt | 102 159 | 92 053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 225 | 5 794 | 9 033 | 14 749 | 101 032 | 187 750 |
| Short-term debt | 60 573 | 73 074 | 143 469 | 159 632 | 170 006 | 178 999 | 177 184 | 168 151 | 214 906 | 271 622 | 259 587 | 270 345 | 297 452 | 329 631 | 294 561 | 245 271 |
| Total debt | 162 732 | 165 127 | 143 469 | 159 632 | 170 006 | 178 999 | 177 184 | 168 151 | 214 906 | 271 622 | 261 812 | 276 139 | 306 485 | 344 380 | 395 594 | 433 020 |
EBITDA margin
42.8%
This company
15.8%
Market median
+171% vs market
20092024
Equity ratio
29.9%
This company
38.2%
Market median
-22% vs market
20092024
Return on equity
9.4%
This company
18.4%
Market median
-49% vs market
20092024
Net profit margin
12.3%
This company
8.1%
Market median
+52% vs market
20092024
Asset turnover
0.23×
This company
1.12×
Market median
-79% vs market
20092024
Debt / equity
2.35×
This company
0.62×
Market median
-279% vs market
20092024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TÅ Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
MH Deputy Member | Deputy Member | 2023 | — | — |
DP Deputy Member | Deputy Member | 2023 | — | — |
PR Observer | Observer | 2024 | — | — |
PS Deputy Member | Deputy Member | 2023 | — | — |
SF Deputy Member | Deputy Member | 2023 | — | — |
SR Deputy Member | Deputy Member | 2023 | — | — |
MR Deputy Member | Deputy Member | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Vesterålskraft As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Sortland Kommune / Suorttá Souhkan
VESTALL AS Board members of VESTALL AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Torbjørn Åsbakk | Chief Executive Officer | 0 companies |
| Mathias Hansen | Deputy Member | 0 companies |
| Daniel Pettersen | Deputy Member | 0 companies |
| Pål Reinold Martinussen | Observer | 0 companies |
| Petter Steffensen Krey | Deputy Member | 0 companies |
| Stian Falch | Deputy Member | 0 companies |
| Simen Robertsen | Deputy Member | 0 companies |
| Morten Roll | Deputy Member | 0 companies |
| Arne Olav Flø | Board of Directors | 0 companies |
| Erik Buset | Board of Directors | 0 companies |
| Leif Werner Einangen Johansen | Board of Directors | 0 companies |
| Hans Øyvind Karlsen | Board of Directors | 0 companies |
| Åse Helene Rønning Eilertsen | Board of Directors | 0 companies |
| Tommy Paulsen | Board of Directors | 0 companies |
| Odd-Are Sørensen | Board of Directors | 0 companies |
| Halvard Severin Pettersen | Chairman | 0 companies |